Your bike is your savior when you’re stuck in situations – be it reaching office on time during tight meeting schedules or taking your daughter to school so she doesn’t miss her part of education. Considering how often we run in such kinds of situations each day it is important we take care of our dream machine. Taking care is not just modifying bike, apply a Teflon coat against scratches or washing your bike. You have to shelter your bike and yourself against financial loss in those unusual situations that come across due to sudden mishaps, stealing or burglary, natural calamities like fire, earthquake, storm etc. or other such unfortunate incidences. Yes, for all this you need to have your bike insurance in place. A Bike cover helps you survive during these setbacks in life. Indian traffic law has mandated to buy a minimum of third party cover if you wish to get your dream machine on roads.
Bike insurance is financial cover provided by an insurance company upon paying a certain premium amount towards your policy for any damage or loss against natural calamities like fire; flood, earthquakes, storms, etc., man-made calamities like theft or accident by external means etc. and third party legal liability against issues arising out of injury/death or property damage of third party by your vehicle.
Markets in India offer third party and comprehensive insurance policies. A Third Party liability cover insures you against damages that you may do to a third party – be it damage to property or injury to person. And a comprehensive cover includes the third party cover and another for your own losses on account of damage to your car.
In India, there are plenty of general insurance companies that sell bike cover online. The article discusses few tips while choosing your bike insurance on internet the most convenient and hassle-free medium of the modern day times.
•Ideally every customer looks for his or her value for money. Whenever a customer purchases policy online he or she is assured of cheaper polices. Companies give lower rates as they save on operational savings which are further passed on to you.
•Online bike cover purchase means paperless transactions which mean your initiative towards social responsibility. Secondly, online documentation helps to keep things in under single umbrella. You don’t have to keep filing papers or scared of getting misplaced and last moment hassle while claiming the insurance.
•Online insurance doesn’t waste your time with long filling forms. With user friendly interface online portals make sure that it remembers all your details, asking as minimally as possible, even for the next time required. Transaction remains simple and you have access to all the information you may need to make your smart purchase.
•Internet means things are sorted, simple and instant. Most bike insurance companies have come up with cool apps that let you manage policy anytime and anywhere while on the go.
•It not only saves your time but also the energy in visiting branches, meeting people and doing all complicated claim calculations.
A single accidental damage or theft can prove to be a big blow on our finances. It will not only make your daily commute harder but also you have to suffer double losses on your daily travelling expenses. With development of internet picking your premium rates has become as simple as click of the button from the place of your choice and comfort. You can now compare and purchase bike insurance online at affordable rates. Check insurers’ websites, their policies structure, available option, rider benefits, charges incurred, discounts & offers, features & benefits available and then go for suitable policy purchase. At the end of the day it’s your mind satisfaction which matters while buying a policy.